Jan 08 Obama Makes Case for Economic Stimulus By Admin, PBS News Hour President-elect Barack Obama made his case for a large-scale economic stimulus plan in a speech Thursday morning. Mr. Obama warned the recession could "linger for years" unless Congress pumps unprecedented sums into the weakened economy. Continue reading
Jan 07 Deficit Projected to Soar to $1.2 Trillion By Admin, PBS News Hour The federal budget deficit will hit an unprecedented $1.2 trillion for the 2009 budget year, new Congressional Budget Office figures show. Continue reading
Nov 26 Watch London Shopkeepers Struggle to Stay in Business Amid Economic Troubles Britain's famous shops are reeling from troubles in the country's banking sector and hoping that a new stimulus plan will provide a much-needed boost. Margaret Warner reports from London on how businesses are coping with the crisis. Continue watching
Nov 24 Watch Britain Crafts Tax Plan to Help Address Country’s Economic Ills The British Parliament on Monday considered changes to its income and sales taxes as a means to alleviate the economic downturn. Margaret Warner reports from London about the proposed stimulus plan. Continue watching
Nov 24 Obama Unveils New Economic Team By Admin, PBS News Hour President-elect Barack Obama named Timothy Geithner as his choice for Treasury Secretary and named other key members of his economic team. Following are his remarks, as prepared for delivery on during a press conference Thursday in Chicago. Continue reading
Nov 21 Watch David Brooks and Ruth Marcus Discuss Obama’s Cabinet Picks, Economy’s Woes David Brooks and Ruth Marcus weigh reports that President-elect Barack Obama plans to choose Sen. Hillary Clinton and Timothy Geithner, among others, for Cabinet posts and the search for solutions to the economic crisis. Continue watching
Nov 10 Watch China’s Stimulus Package Aims to Boost Economy, Help Avoid Global Recession Asian and European stocks rose Monday on news of China's $586 billion stimulus plan that aims to restore investors' confidence and shore up markets over the next two years, while sending a message of resolve and financial stability to foreign… Continue watching
Nov 10 Watch Parties Seek Consensus on New Financial Stimulus Plan Congressional leaders and both President Bush and President-elect Obama have stressed the need for another financial stimulus package to jump-start the stalled economy. Economists weigh in on what steps they would take. Continue watching
Oct 21 Watch Attempts to Ease Credit Crunch Reveal Mixed Results Several plans have been enacted in recent weeks to loosen the flow of credit and ease the financial crisis. An expert panel evaluates the efforts and the state of the credit sector. Continue watching
Oct 20 Watch Fed Chairman Signals Support for New Stimulus Package Wall Street saw a boost Monday as Fed Chairman Ben Bernanke told Congress that a second stimulus bill might help the economy. Experts examine the prospects for a new stimulus plan. Continue watching